“Diplomats are racing against time to negotiate a full extension of the Black Sea Grain Initiative before it expires on Saturday, a major test for the rare wartime agreement that helped stabilize global food prices after Russia’s invasion of Ukraine,” writes Foreign Policy.
“When it comes to extending the deal, “the longer the better,” said Joseph Glauber, a senior research fellow at the International Food Policy Research Institute and former chief economist at the U.S. Department of Agriculture.”
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